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The Latest Breaking News on Real Estate

Headwinds await new Mirvac skipper Campbell Hanan

Property group Mirvac has announced a 62 per cent dip in statutory profits, as inflation, labour shortages and supply constraints await new CEO Campbell Hanan.

AAP

Qld looks to market for affordable housing proposals

The Queensland government is calling for more private and social sector proposals for affordable homes with the offer of grants from a $130 million pool.

AAP

Delays in courts system could hamper tenancy reform plans, MPs warn

The Government has outlined plans to introduce stronger protection for tenants as part of its Renters’ Reform Bill.

The Independent UK

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read the most diverse news in one place.

House prices and sales fell in January as buyer inquiries dropped

The Royal Institution of Chartered Surveyors said the overall tone of the feedback from property professionals remains subdued.

The Independent UK

Demand and supply continue to soften in Scottish housing market

Latest surveyor survey show that new buyer demand fell through January

Insider UK

Market for pre-owned homes grows

The number of second-hand homes for sale nationwide costing 3 million baht or below posted the highest increase in the fourth quarter last year as the property measures for the segment expired at the end of the year.

Bangkok Post

The 10 Greater Manchester areas where house prices are still soaring

The property market may be cooling in most parts of the UK - but prices have shot up yet again across our region

Manchester Evening News

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Glasgow landlords get severe warnings as damp found among list of defects in homes

Glasgow's licensing committee had concerns over two HMO properties managed by the same firm as inspections identified a number of problems.

Glasgow Live

Bridget Phillipson MP meets Sunderland apprentices at Houghton-le-Spring housing development

The MP for Houghton and Sunderland South was given a tour of Persimmon’s Herrington Grange development

Chronicle Live

Derelict Edinburgh garages to be demolished for two family homes

One councillor feared the development would 'cram too much into a very limited space'.

Edinburgh Live

Scheme to give more Australians a home step closer

Housing Minister Julie Collins will introduce legislation to set up a housing future fund which aims to increase the number of social and affordable homes.

AAP

Hundreds of homes to be rebuilt in 'exciting' £60m estate revamp

The transformation is expected to take around ten years to complete

Liverpool Echo

2 Real Estate Stocks That Might Not Survive 2023

Rising mortgage rates amid the Fed’s rate hiking campaign have hampered homebuyer sentiments. While further rate hikes are anticipated, fundamentally weak real estate stocks Opendoor Technologies (OPEN) and WeWork (WE) might be best avoided in 2023. Keep reading.

StockNews.com

MIPIM to showcase £15bn in West Midlands regen opportunities

Delegation will host more than 30 events at next month’s global property conference in France

Birmingham Post

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Daily Record

Six new flats to be created above former Clinton Cards and Game shops on Ayr High Street

The developers have been given the green light to create six one-bedroom flats which will eventually be used as part of South Ayrshire Council's Affordable Housing stock.

Birmingham Post

Plans for 4,500 homes, 3.4m sq ft of employment space and 5,000 Derby jobs set to take step forward

The South Derby Growth Zone is being planned for land to the south of the city between Sinfin and Chellaston

Daily Mirror

Nationwide slashing up to 450 jobs as part of huge business shake-up

The Nationwide Building Society spokesperson said the job losses would enable the building society to "increase investment in the value and service we provide our members"

The Guardian - AU

What experts think of the RBA’s interest rate rises – and what they say is coming next

Five leading economists give their views on what’s on the horizon for Australia’s economic future

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news in one place.

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The Independent UK

Spy balloon videos dominated TikTok. Why didn’t China stop them?

TikTok insists it is not a propaganda tool of the Chinese Communist Party. Viral coverage of the Chinese spy balloon showed it not only allowed but promoted content critical of the authoritarian government

The Guardian - UK

UK house sales outlook for 2023 remains ‘uncertain’, says Barratt

Housebuilder reports ‘modest uplift’ in reservations of new homes in January but remains cautious

Liverpool Echo

Hidden road where houses cost double those around

Properties down the street include Victorian manors and quirky new builds

Reason

Migrating Americans Seek Lower Taxes and Greater Freedom

There are many reasons people move, but overburdening your citizens is a good way to lose them.

Belfast Live

Belfast Council pressing Stormont to create rent controls to fight soaring rent in city

“I am sure many members will be able to tell anecdotal stories about hugely escalating rents in their areas."

Daily Record

Council tenants warned of 3.5 per cent rise as rent freeze ends

The average rent will now be around £83.22 per week

Edinburgh Live

Edinburgh lane in prestigious neighbourhood up for sale for whopping £349,000

The Morningside lane home would be the perfect opportunity for any developers or potential home owners to sink their teeth into. The property would be ideally located.

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